TESLA SHAREHOLDERS VOTE TO REINSTATE ELON MUSK'S $56 BILLION PAY PACKAGE

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This article provides a summary of what was discussed at Tesla's annual meeting. Tesla shareholders have voted to ratify CEO Elon Musk's $56 billion pay package. While the vote doesn't override an earlier court ruling that ordered Tesla to rescind the package, it provides a public relations victory for Musk and could help him sway a court to give him the performance options in the future. Shareholders also voted to move Tesla's site of incorporation out of Delaware and into Texas.